| The KUIK Closing Market Report for Wednesday, August 8: | |||||||
| Markets were flat today. | |||||||
| Direction | Change | Units | Last | Time | |||
| Dow | Up | 7 | points | 13,176 | 2:31 PM | ||
| S&P500 | Up | 0.1% | percent | 1,402 | |||
| Nasdaq Composite | Down | -0.2% | percent | 3,011 | |||
| 30 Year Treasury | Up | 2.1 | basis points | 2.74 | |||
| Citigroup is launching a program in which 500 distressed homeowners will rent back their homes if they sign over the deed. An alternative known as “deed-in-lieu” of foreclosure, it is less costly to the bank and does less damage to the borrower’s credit. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/citi-launches-pilot-foreclosure-rental-program-2012-08-08-154851725?dist=afterbell | |||||||
| For today’s Closing Market Report click to listen-> | https://beaconrwa.com/audio/Closing-Market-Report.mp3 | ||||||
| Short Link> | |||||||